[Watch it] Possible altcoins market bounce looming. Watch 0.618.
* Close to 0.618 retracement of the overall leg up from 2020
* Such area already tested twice
* TD count 8
* Stoch / RSI close to oversold
* Negative CMF seemingly painting a bottom
So watch altcoins market as if 0.618 holds it may bounce within next few days.
* Such area already tested twice
* TD count 8
* Stoch / RSI close to oversold
* Negative CMF seemingly painting a bottom
So watch altcoins market as if 0.618 holds it may bounce within next few days.
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Breakout achieved.
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Volume?
Volume?
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Comment: 800B reached, up 13% since OP.
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Watch 810B as it's resistance ( FIB 0.5 of previus bounce )
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Meanwhile, dominance:
Watch it.
Watch it.
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No volume and lost its channel.
At support again.
Fragile, be careful.
At support again.
Fragile, be careful.
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The dominance bounce:
Zoom:
Can fail to go straght up and retrace, eventually.
Hence giving some further opportunity.
Look either for a breakout or for a speculative entry closer to support.
Don't forget to set a SL.